# PPP loan: WATERS INDUSTRIES, INC.
> **$387K** approved 04/07/2020 · Paid in Full · Loan `7510437007`
## Borrower
- **Name:** WATERS INDUSTRIES, INC.
- **Address:** 213 West Main Street, DUNDEE, IL, 60118-2018
- **NAICS:** 315990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $291K
- **Rent:** $48K
- **Utilities:** $48K
- **Jobs reported:** 18
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*